Forms and Resources

HELPFUL LINKS AND FORMS

We’ve provided a list of helpful links to help you find information that interests you. If there are other links you believe would be useful, contact us today!

Required Forms (Retain for 3 Years)

Federal W-4
State of MI W-4
Form I-9
Form W-9
ACA Notice of Coverage Options – employers with healthcare plans (downloadable form)
ACA Notice of Coverage Options – employers without healthcare plans (downloadable form)
Client Disclosures to 3rd Parties

Having said that, we believe that the value we bring to the table is not industry expertise — which you already possess in abundance — but rather an understanding of what investors like to see in a potential opportunity.

Important Deadlines

January 31st
- Form 1099-Misc (Independent Contractor Earnings)
- Form W-2 (Employee Earnings)
March 15th
- Form 990 (Nonprofit)
- Form 1065 (Partnership)
- Form 1120S (S-Corporation)

April 15th
- Form 1040 (Individual Income Taxes)
- Form 1041 (Trust & Estate)
- FinCEN Form 114 (Foreign Bank Account Reporting)
- Form 1120C (C Corporation)
Personal Quarterly Estimates
- April 15th
- June 15th
- September 15th
- January 15th (of the next year)

Required Workplace Posters

Employer Best Practices

All employees must have a form W-4 on file.
Employers are required to have forms I-9 on hand for each of their employees.
- Penalties for missing I-9 forms range up to $1,100 per employee.
- Fines for employing undocumented workers reach up to $11,000 per employee.
In accordance with the Affordable Care Act, all employers need to provide a Notice of Coverage Options to all new hires, regardless of whether or not the employer offers health care.
- Businesses with over 50 employees are required by law to offer health coverage to their employees.
- Fines for noncompliance range up to $2000 per employee (not counting the first 30 employees).
LMR highly recommends that businesses provide job descriptions and employee handbooks to their employees to ensure that workplace expectations and policies are clear and well known.
- Job descriptions should outline responsibilities, requirements, and qualifications related to specific positions.
- Employee handbooks can outline company values, chain of command, compensation and time-off policies, benefits, and employee conduct expectations.